Name | Value |
---|---|
Revenues | 139.3M |
Cost of Revenue | 57.5M |
Gross Profit | 81.8M |
Operating Expense | 62.9M |
Operating I/L | 18.9M |
Other Income/Expense | -30.4M |
Interest Income | 0.0M |
Pretax | -11.5M |
Income Tax Expense | -56.1M |
Net Income/Loss | -11.5M |
Piedmont Office Realty Trust, Inc. (NYSE: PDM) is a fully-integrated, self-managed real estate investment trust (REIT) specializing in high-quality, Class A office properties in major Eastern U.S. office markets, with a focus on the Sunbelt region. The company's approximately $5 billion portfolio spans 17 million square feet and generates revenue from owning, managing, developing, redeveloping, and operating office properties. Piedmont's properties are primarily ENERGY STAR and LEED certified, with approximately 63% and 41% of the portfolio certified, respectively.